San Francisco Leads CA Counties on Property Tax Growth

San Francisco, CA – Thanks to the diligent work of the staff at the Office of the Assessor-Recorder, San Francisco’s property tax base has expanded significantly over the past year. At a cumulative value of $250 billion, the total secured roll value represents an increase of 12% compared to last year, highest among California counties.

There are over 211,000 parcels in the City and County of San Francisco and the Office of the Assessor-Recorder is responsible for establishing a taxable value for all property. The secured property roll is a summary of the assessed value of all real property owned in San Francisco. The office estimates that 59% of the total secured roll growth was attributed to property transfers, 22% to construction activities, and 19% to annual inflationary increases under Proposition 13 (1978).

Property taxes represents approximately one-third of San Francisco’s General Fund revenues, supporting local services such as public safety, health, social and neighborhood services.

About Us

The mission of our office is to work together to build a better San Francisco through superior customer service, fair property taxation and the preservation of public records. We value doing our work with the highest levels of integrity and professionalism.

Our core responsibilities include locating all taxable property in the City and County of San Francisco (CCSF), identifying ownership, establishing a taxable value, and applying all legal exemptions.